I have a lowballer!

Discussion in 'The Club House' started by boatme98, Aug 11, 2020.

  1. PANDEMIC

    PANDEMIC Well-Known Member

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    Yeah, that's how mine is. Its half gun shop and half pawnshop. And during normal times, their loaded with lots of guns and lots of ammo.

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    Last edited: Aug 11, 2020
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  2. W.T. Sherman

    W.T. Sherman Well-Known Member

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    pawn shops around me don't deal with firearms, too much of a hassle with getting a FFL, keeping paperwork, then have the feds breathing down your neck as well as the local yokels cops.

    they just deal in jewelry, gold coins, electronic
     
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  3. boatme98

    boatme98 Well-Known Member

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    That's the way it is here.
     
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  4. dango

    dango Well-Known Member Lifetime Supporter

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    That is one thing about living in South West Florida , great pawn shops with lots of guns !

    I think the closest pawn shop around here is may two hour drive to Pittsburg ?
     
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  5. Sniper03

    Sniper03 Supporting Member Supporter

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    Well it is real simple! Why the AR Parts are going back up!$$$
    The scare is coming on again with O'Rourke and Biden threatening our gun rights and especially the ARs AKs and similar weapons. It was reported that Biden is making O'Rourke his Gun Czar! And with the threats O'Rourke has made he will keep his promise of attack. You know he and Biden have promised to take make ARs, AKS and other semi auto weapons and Magazines illegal. Which includes stripped AR Receivers and the like. The same thing is happening again with ammunition since they have advised they are going to put higher taxes on ammunition. Everyone is buying it up for their weapons. A friend of mine is a custom AR Manufacturer out of Texas and is having a H*** of a time now even getting stripped Lowers for his builds. And he orders a few hundred almost every month. With that said, at the present the day of the $39.00 the stripped Lower Receivers for a great price is GONE! Like Trump or Not! We better hope and pray to God he gets reelected. Socialism and attacks on our Second Amendment, other Rights and even the Police are evident. As well if Biden does get elected, we would be well on the way of literally becoming subjects. And if Biden wins he will simply be a Puppet for the Socialists Progressives knocking at our door in America!;)
    And BOAT I am like you I will be Dam**d if I am going to sell any of my guns for a discount price. And especially after I have taken extreme care of them over the years and have many I have not ever shot! They are brand new! But as you stated, some of the family are going to inherit some nice weapons someday. But there is one requirement for them to do that. *They must have a good secure Safe in order to inherit any of them. I have also protected them through all the years and do not expect them to be stolen by some skumbag thief!
    IMO The only Good Thief is a Dead Thief!;)
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    Last edited: Aug 11, 2020
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  6. sheriffjohn

    sheriffjohn Well-Known Member Supporter

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    Forty years of selling/trading at gun shows always worked best for me but thanks to shut downs, gunshows are not happening. Between shows, consignments at LGS's have always worked well. Auctions are hit-or-miss. At my age (71), I'm thinning the herd one way or another. With the election coming up, it's a crapshoot, not a trapshoot. Lots going to the local antique mall but no modern firearms. Son has interest but his wife is more into Gucci purses. Don't want to leave a mess for the wife. She doesn't know a Model 42 Winchester from a BB gun. Tried to make a list (and should) but that lasted only a couple of days.
     
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  7. oO_Rogue_Oo

    oO_Rogue_Oo Well-Known Member

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    I guess I'm a lowballer. When I buy a gun I always consider what I can sell it for if I have to and I will not pay more than that for it; no matter what. Guns are not sentimental to me they are objects to be bought and sold (and of course used while I own them). I don't do a lot of selling; yet anyway. Under the right circumstances I would cash out and keep only what I need but that day hasn't arrived yet.

    These days (and I mean the last few years) I see people selling or at least asking inflated prices. If I see a gun listed at an inflated price I normally don't even bother making an offer. I figure if the price listed is too far from the value I put on it; that we could probably not make it to where I want to be so I don't even bother. I'm not much into games. I rarely buy at the LGS because I generally don't pay retail. Too many places discount and since I have no need just want I practice self control and wait till the right deal comes along. That said it is not uncommon for me to buy a gun that I don't really have an interest in because it is at the right price and I figure I can experience shooting and owning the gun for a while; keep it if I end liking it or selling at a modest profit if I don't. If someone is selling at "market value" then I'm not interested. I need to buy below market so I can get out unscathed if I decide to. At the very least I need to break even and honestly I hate doing that even.

    Long story short if someone wants to sell at "market value" he needs a buyer driven by emotion not business sense. Plenty of those people out there I guess; I'm just not one of them. That said during all this nonsense I haven't bought a gun in probably 6 to 8 months.

    As November approaches I may cash out on a few; depends on how strong the market gets. I am heavily invested in mags and ammo; I WILL cash out on those. It's the way I support my gun collection.
     
  8. Double20

    Double20 Active Member

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    To elaborate on this a little more. Let's say you have a gun that has a market value of $1000 and you will in fact take $1000 for it. Because of the "game" you don't post the gun for $1000. You post it for $1200. I come along and see the gun and decide I will give $1000 for it but I don't offer you $1000 since I have to play the "game". So I offer $800 hoping we can meet in the middle at $1000. So based on this thread one of two things happen when I offer $800. One, I am labeled a low baller since I didn't offer market value and the person selling the gun will not do business with me now or in the future. Or two, the seller counter offers $1100, I counter offer $900, the seller counter offers $1000, and we make the deal. Either way, if the seller just lists the gun for what he will take to begin with, I can either decide if that price is right for me and agree to the $1000 or move on. I mean I guess I get it. If you list it for $1200 and someone gives you $1200 then you are $200 ahead. Personally, I would feel bad taking advantage of someone that way knowing that they are overpaying for the gun if in my heart I knew that I would be happy taking $1000 for it and that $1000 was the true market value.

    Now if my initial offer was $1000 on the $1200 listed gun and the seller said sold then that would be acceptable. But most sellers won't just say sold to the first offer. If I offer $1000 and their target is $1000 they will think to themselves that maybe I can squeeze a little more out of this guy so they counter offer for $1100. At that point we are back to playing the "game". I either stay firm and walk or give in to the "game" and counter offer $1050 and the seller "fleeces" me out of an extra $50. This whole way of doing business just seems dirty to me. Used car salesman type of dirty. I really hate that it is this way but also realize that my opinion isn't going to change it either. It is what it is as they say. Doesn't mean I have to like it though.
     
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  9. PANDEMIC

    PANDEMIC Well-Known Member

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    When I was hunting around for my AR back in June. I came across this one guy that had an AR priced at $650. You get the AR and the rifle scope. I offered $500 cash, he replied "no way". So I never replied back and kept hunting. 2 days later he messages me back and says $600 without the scope. Again I still never replied back, guy was already greedy and doesn't want to sell it for $100 less. And usually when people want to sqeeze evey dollar from you or refuse to go down at least $50-100 in cash or at least consider it you know, give it some thought.. They're not that entirely serious in selling. And they still have it up for sale for another few months because they barely want to go down in price.
     
  10. boatme98

    boatme98 Well-Known Member

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    Double20, you're talking reasonable amounts. I'm talking about azzhats that know I'm in bad health thinking they can slap me around like I was a $10 hooker looking for my next pipeful.
    I'm asking average prices according to multiple auction sites, not astronomical pie in the sky numbers.
    What chews my sack is the guys who demand giveaway prices and won't even consider anything else. They can go...well, you know.

    FYI, I've given more **** away in my life than you can imagine. High end stereo, massive record collections, furniture, appliances, complete mechanics tool sets, 4 cars and about give away another Lincoln TC. As I said before, I'll give all my guns to relatives before I bend over for a lowballer!

    I hate selling stuff just for that reason. When I do sell I put a fair price on things, so don't call me and ask "what's the least youll take for it?" Youve just identified yourself as an anal oriffice and don't stand a chance of ever owning any of my stuff.
     
  11. Double20

    Double20 Active Member

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    No disrespect intended here at all but isn't "fair price" kind of a gray area? I mean depending upon condition (which is often subjective) the fair price could be seen as quite a large range. If you are listing something at a fair price and you don't want to entertain lower offers, it makes it easier on people like me (not good at and don't like haggling) if you simply state up front that the price is firm or non-negotiable. If I see that I then know to not make any kind of counter offer. Take it or leave it - the way I prefer to do business anyway. If you leave it open to counter offers, then the gray area creeps in. You may think the condition of the gun (hence value of the gun) is higher than I think the condition of the gun is. Couple that with me trying to figure out how much you tacked on so that you have negotiating room, and there is a real possibility that my offer might look like a low ball offer and insult you when it wasn't intended that way. And yes, that would be different than the a$$hats that offer you 50% of the actual value and refuse to go any higher. Just saying that it isn't an exact science. Which is why I don't like playing the game. I don't like to insult people and I don't like to be taken advantage of and it seems like one of those two results are the rule rather than the exception when I try to play the game.
     
  12. primer1

    primer1 Well-Known Member Supporter

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    You used the F word. Firm.

    Boats: put a fair price on them and state all prices are firm. That's a done deal, and when a low-baller offers less money, tell him one firearm is loaded.
     
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  13. PANDEMIC

    PANDEMIC Well-Known Member

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    I agree, and if all your getting is lowballers and I mean like the kind that offer super low then what your asking price is. Then just like primer is saying, put your prices at firm. That way lowballers won't even bother to contact you because your firm on one price and one price only.

    Or another thing you can do Boats is price them just a tad bit higher, this way you have room to negotiate. And just ignore the ones that offer you way less then what your wanting.
     
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  14. formerCav

    formerCav Well-Known Member

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    I HAD a 69 Dodge Charger that I had 50K into it.
    I enjoyed it for 23 years going to car shows etc.
    I went to the big car show at the Pavillions (free every weekend) when the Barret Jackson Auction was in town.
    I was sitting there minding my own business. I figured I was reaching the "end of my life" (matter of fact, about 4 weeks later I had an unexpected triple bypass) so I was thinking of selling so my wife would not get $crewed over if I die.
    Some DEALER comes along and says what the the least you would take for this. I says 40 grand. He says how about 30? Well, I just told him 40. So him and his buddy start feeling around the wheelwells for rust etc.
    He comes back about an hour later... he says 32 K! I says no, I told you 40. another hour or so he comes back 34k. HE LAYS on the ground looking at the undercarriage etc. another hour another 2 k added on.
    So around lunch time he comes up to me and extends his hand and says 40 grand, deal? by then i WAS pissed off with this PEST ruining my day so I said NO. I wouldn't have sold it to him for 50k.
    i WAS getting ready to go home and some guy from Holland comes along and gives me 47 K !!

    I know what you are saying about the guy that LOW balls you. It is an INSULT... they think you are a moron and want to give you the hot beef injection. $crew them, I won't sell them anything!
     
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  15. formerCav

    formerCav Well-Known Member

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    had another deal with a LOW ball dude.
    my father died in 1980 and he had a 1964 Dodge Dart with 60K miles on it. It had RUST (it was in MN of course)
    my mother NEVER drove, she said to me, Bobby, just sell the car and get rid of it.
    So I look around and figure it is worth 200 bucks.
    the LOW ball neighbor comes by and says, Hey, are you gonna sell that car.? I says yeah, 200 bucks. He says well let me know if you can't find a buyer for it. Like REALLY?
    So I told a co-worker the story. He says to me screw the low baller, he says when you get rid of the car and you will, tell him you gave it away just to get rid of it.
    So.... another coworker buys the car 200 bucks and is going to use it for a parts car for his daughters 64 valiant (both are slant 6's etc). He decides to make the daughters car the parts car and drives it to work for 2 years trouble free and sells it for 200 dollars !!
    So the neighbor LOW ball comes walking by, hey did you sell the car. I says "no, I gave it away I was tired of driving in 20 miles one way after work and people were no shows or unreasonable etc, so I gave to a guys daughter at work".
    The guy starts cussing me... har har.....:D TOO BAD mr Low ball !!!
     
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  16. F4U

    F4U Well-Known Member Supporter

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    It is not always malicious. Dad sent me some pics of some things he thought I might be interested in from the retirement community in AZ where they winter. Guy died, kid (my age, mid 50s) was selling. I was interested, one item I had a fair idea what it was worth, I did not know about the other, so I threw out a number that was roughly twice the value of the item I knew the value of for both. Dad, while I listened from 2000 miles away offered 2/3rds what I told him and they agreed. Second item turned out to be worth 4 or 5 times what I guessed. I did feel a bit guilty 4 months later when Dad brought the items home and I got a good look and had time to research it. But the son of the deceased should have researched also, he could have easily gotten more than I would have been willing to pay for that item, partly because I didn't know the real value.
     
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  17. sheriffjohn

    sheriffjohn Well-Known Member Supporter

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    I'm sorta a lowball seller lately. I take stuff to gunshows to have fun and be rid of unwanted items. Since most everthing was purchased or given to me decades ago, the original cost is moot. Young people just getting started need a break and I get some strange looks from guys at the next table when I sell a youngster something dirt cheap, add on something to their purchase or simply give them something. Especially books, partial boxes of ammo, advertising caps, etc. Last show I had four kit-built M/L pistols inherited from Dad. Others had some like them tagged at over $100 apiece (silly price). Young man kept coming back, looking mine over, asking respectful questions about black powder, etc. Said he only had $200 to spend but he wanted to see what M/L was all about. I sold him all four for $150 and threw in a blackpowder book, an old Owlhead .32, and told him to save that $50 for the next gunshow. Came back the next day with photos on his phone of all 5 pistols displayed on his bookshelf. Made my table rent, gasoline, and someone happy. All I bought was black coffee, donuts and hot dogs.
     
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  18. formerCav

    formerCav Well-Known Member

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    After my 2nd heart attack and stent, I sold some guns cheap. Had a flood at my house due to a water pipe in the wall getting a pin hole leak.
    I culled my hurd of safe queens down from 43 to about 11.
    I sold some of those guns for half of what I could have got to some young guys who were bonded and insured and working on my house. Gave them and me a receipt too as I don't know who or if they will well them to someone else.
    It's called CYA.
    Gave two of my life long buddies a super deal on M1A rifles that I bought new 40 years ago.
    It's not always about the money.!
     
  19. oO_Rogue_Oo

    oO_Rogue_Oo Well-Known Member

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    "Fair Market Value" means different things to different people. The gun industry is a funny place. For instance depending on how many guns an FFL buys each year wholesale price on a gun differs for him. If an FFL buys a few dozen guns a year he will pay one price for a gun versus an FFL that buy a few thousand guns a year pays a completely different price. I can't buy from the FFL that buys a few dozen guns a year. Normally the retail price I pay is under what he pays wholesale. Even if (and this has happened to me MANY times) he offers me the gun at his cost because he just wants to get it gone; I would be over paying. HE thinks I'm low balling; the fact is I'm not; I'm just not willing to pay more than I should or can get it for elsewhere. The same holds true for used guns only it is not as obvious or pronounced. People look at auction sites and think that they reflect "fair Market Value". I 30+ years of collecting I have bought exactly 2 guns at public auction. The first was very early in my collecting and I took a bath on that gun. I still own it as a matter of fact because I'd rather own it forever than take a loss on it. The 2nd I bought maybe a year ago. It was a gun that has been discontinued for several years; somewhat of an oddity; and I decided I wanted one and went looking. I found a new old stock example on gunbroker and ended up calling and making a deal with the seller. He was a mid-level dealer that was tired of looking at the gun. Had it in shop for several years and we were able to hammer out a deal. Yes; I paid more than I should have (and would probably lose a couple of bucks on it if I ever decide to sell) but still what many would call below fair market value (I bought it at his cost).

    When it comes to used guns there are 2 types of buyers I can buy from usually. The guy who has a few guns and is strapped for cash and so is a motivated seller OR the guy who owns a solid collection of guns, knows the market well enough that he; isn't valuing his guns based on what he saw on some site etc; and is cashing out on a few things. I have been known to do multi gun deals just to get one gun that I want out of it because it is easier to negotiate on a multi gun deal. Oh yeah and sometimes the big box stores will have a gem of a buy during one of their sales. I've bought a few 1911's and Beretta's from places like Academy for WELL under market value (50% less).

    No it isn't a business for me (like I said I don't often sell) but I treat it like a business when buying. To me it is the only smart way to do it.

    Moral to the story is "Fair Market Value" is a LOT lower than most people think. People that pay auction prices, or are buying from places like Bud's are normally emotionally motivated.


    EDIT: All that said; when I sell a gun I sell at a very fair price. I list it at the price I'm looking for and mostly they will sell in a couple of hours without haggling. I have had a few low offers but they are normally from people new to gun buying. I just chuckle; let them know that the gun WILL sell for my asking and it will likely be within a few hours. Wish them luck in their search and I move on.

    EDIT2: The reason most people don't just take their gun to the LGS and sell is because the seller is looking for that emotional buyer. Not the guy who treats it like a business. They think the LGS is screwing them; They aren't screwing them they are looking to buy for less than they can buy the gun new for wholesale. THAT is what it is worth to them. Why would they pay more for used than they can buy new?
     
    Last edited: Aug 13, 2020
  20. 7.62 Man

    7.62 Man Well-Known Member

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    Not wanting to say I'm a lowballer here is something I have learned by going to many gun shows is you can always offer a lower price. But not before looking over the item, maybe two or three times. I would never attempt to offer a lower price over the phone, that's rude. It like telling someone you don't know what your junk is worth.
    If there is any defects or misalignment to the parts you could drop the price or if there is someone close by that has a lower price for the same thing most sellers will drop their price a little.
     
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